Borough of Stroudsburg, PA
Monroe County
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Table of Contents
Table of Contents

§ B-101 Bond Issues and Loans.

Ord./Res.
Date
Description
Ord. 63
4/7/1903
Expressing the desire of the Borough authorities to increase the indebtedness of said Borough by the amount of $29,000 for the purpose of constructing a general sewage system; providing for an election to obtain the consent of the electors
Ord. 88
4/5/1911
Authorizing the issuance of coupon bonds to an amount not exceeding $10,000 for the purpose of redeeming outstanding bonds payable May 1, 1911; providing for the sale thereof, and assessing and levying an annual tax for the payment of the principal and interest thereof
Ord. 93
5/7/1913
Authorizing the issuance of coupon bonds to an amount not exceeding $11,000 for the purpose of redeeming outstanding bonds payable June 1, 1913 and June 1, 1914; providing for the sale thereof; and assessing and levying an annual tax for the payment of the principal and interest thereof
Ord. 98
7/1/1914
Expressing the desire of the Borough authorities to increase the indebtedness of said Borough by the amount of $20,000 for the purpose of paying the Borough's share to permanently improve Main Street; providing for an election to obtain the consent of the electors
Ord. 104
6/2/1915
Authorizing the issuance of coupon bonds to an amount not exceeding $20,000 for the purpose of providing funds to pay the Borough's share to permanently improve Main Street; authorizing the State and County to bear the major portion of the expense
Ord. 110
9/13/1916
Authorizing the issuance of coupon bonds to an amount not exceeding $15,000 for the purpose of providing funds for redeeming outstanding notes to the amount of $15,000; providing for the sale thereof, and assessing an annual tax for the payment of the principal and interest thereof
Ord. 123
8/12/1920
Authorizing the issuance of coupon bonds to an amount not exceeding $30,000 for the purpose of providing funds for redeeming promissory notes to the amount of $30,000; providing for the sale thereof, and assessing an annual tax for the payment of the principal and interest thereof
Ord. 129
8/1/1923
Authorizing the issuance of coupon bonds to an amount not exceeding $25,000 for the purpose of providing funds for redeeming outstanding and unpaid bonds; providing for the sale thereof, and assessing an annual tax for the payment of the principal and interest thereof
Ord. 148
11/3/1926
Authorizing the issuance of coupon bonds to an amount not exceeding $30,000 for the purpose of funding the floating indebtedness of the Borough; providing for the sale thereof, and assessing an annual tax for the payment of the principal and interest thereof
Ord. 161
7/12/1928
Authorizing an increase in the bonded indebtedness of the Borough, in the amount of $50,000 for the purpose of providing funds for the payment of the Borough's share of the cost of construction and improvement of bridges and highways within the Borough; approving the form of the bond and coupon; and levying a tax for the payment of the principal of said bonds at maturity, and the interest and sate tax thereon meanwhile
Ord. 177
5/6/1931
Expressing the desire of the Borough authorities to increase the bonded indebtedness of said Borough by the amount of $70,000 for the purpose of providing funds for constructing a municipal building for the use of the Borough and for the housing of the five companies and their equipment; providing for the holding of an election to obtain the consent of the electors
Ord. 178
11/1/1931
Authorizing an increase in the bonded indebtedness of the Borough in the amount of $70,000 for the purpose of providing funds for constructing a municipal building for the use of the Borough and for the housing of the five companies and their equipment; approving the form of the bond and coupon; and levying a tax for the payment of the principal of said bonds at maturity, and the interest and state tax thereon meanwhile
Ord. 179
1/11/1932
Authorizing an increase in the bonded indebtedness of the Borough in the amount of $70,000 for the purpose of providing funds for constructing a municipal building for the use of the Borough and for the housing of the five companies and their equipment; approving the form of the bond and coupon; and levying a tax for the payment of the principal of said bonds at maturity, and the interest and state tax thereon meanwhile
Ord. 198
7/13/1934
Authorizing an increase in the bonded indebtedness of the Borough in the amount of $24,000 for the purpose of providing funds for the payment of the Borough's share of the costs of sewer construction on Ann Street and flood control on Pocono Creek and Brodheads Creek; approving the form of the bond and coupon; and levying a tax for the payment of the principal of said bonds at maturity, and the interest and state tax thereon meanwhile
Ord. 203
9/4/1935
Expressing the desire of the Borough authorities to increase the bonded indebtedness of said Borough by the amount of $82,500 for the purpose of providing funds for paying part of the cost of constructing sewage treatment works and an extension of the present sanitary sewage system; providing for the holding of an election to obtain the consent of the electors
Ord. 207
11/21/1935
Authorizing an increase in the bonded indebtedness of the Borough in the amount of $82,500 for the purpose of providing funds for constructing sewage treatment works and installing several sewer lines in the Borough; approving the form of the bond and coupon; and levying a tax for the payment of the principal of said bonds at maturity, and the interest and state tax thereon meanwhile
Ord. 208
12/13/1935
Amending Ordinance 207, providing for an increase in the bonded indebtedness of the Borough of Stroudsburg. For ordinance amended, see 2-15
Ord. 211
2/19/1936
Further amending Ordinance 207, providing for an increase in the bonded indebtedness of the Borough of Stroudsburg. For ordinance amended, see 2-15
Ord. 222
9/22/1937
Expressing the desire of the Borough authorities to increase the bonded indebtedness of said Borough by the amount of $85,000 for the purpose of providing funds for paying part of the costs of constructing extensions to the present sanitary sewer system; providing for the holding of an election to obtain the consent of the electors
Ord. 236
9/21/1938
Expressing the desire of the Borough authorities to increase the bonded indebtedness of said Borough by the amount of $75,000 for the purpose of providing funds for paying part of the costs of constructing extensions to the present sanitary sewer system; providing for the holding of an election to obtain the consent of the electors
Ord. 305
3/3/1948
Expressing the desire of the Borough authorities to increase the bonded indebtedness of said Borough by the amount of $190,000 for the purpose of providing funds for the construction of extensions to the present sanitary sewer system; providing for the holding of an election to obtain the consent of the electors
Ord. 309
9/2/1948
Authorizing the issuance of general obligation bonds in the maximum amount of $140,000 for the purpose of providing funds for the construction of extensions to the present sanitary sewer system; providing for the execution of all required legal action pursuant to the issuance, sale and payment of said bonds
Ord. 310
9/25/1948
Amending Ordinance 309, authorizing the issuance of general obligation bonds to provide funds for the construction of extensions to the sanitary sewer system. For ordinance amended, see 2-21
Ord. 376
6/16/1954
Authorizing the issuance of general obligation bonds in the maximum amount of $80,000 for the purpose of providing funds for the construction of streets and drainage facilities; providing for the execution of all required legal action pursuant to the issuance, sale and payment of said bonds
Ord. 402
11/8/1956
Authorizing the issuance of general obligation bonds in the maximum amount of $34,000 for the purpose of providing funds for the purchase of fire engines and other fire apparatus and expenses incidental thereto; providing for the execution of all required legal action pursuant to the issuance, sale and payment of said bonds
Ord. 414
9/3/1958
Cancelling to the extent of $50,000 the authorization granted by the electors to increase the debt of the Borough in the amount of $190,000 for the construction of extensions to the sanitary sewer system. For ordinance amended, see 2-20
Ord. 415
11/3/1958
Expressing the desire of the Borough authorities to increase the bonded indebtedness of said Borough by the amount of $125,000 for the purpose of providing funds for the acquisition of land and rights of way, the construction of sewers, dikes, embankments and other structures pertaining to flood control work in the Borough; providing for the holding of an election to obtain the consent of the electors
Ord. 421
5/6/1959
Authorizing an increase in the bonded indebtedness of the Borough in the amount of $125,000 for the purpose of providing funds for the acquisition of land and rights-of-way, the construction of sewers, dikes, embankments and other structures, and all other costs incidental to certain flood control work in the Borough; approving the form of the bond and coupon; and levying a tax for the payment of the principal of said bonds at maturity, and the interest and state tax thereon meanwhile
Ord. 590
7/8/1982
Authorizing the issuance of a general obligation note in the maximum amount of $500,000 for the purpose of providing funds for making renovations and capital improvements to the Stroudsburg Municipal Building; providing for the execution of all required legal action pursuant to the issuance, sale and payment of said bonds
Ord. 607
1/31/1985
Increasing the indebtedness of the Borough of Stroudsburg, County of Monroe, Pennsylvania, by the issue of a general obligation note in the amount of $465,500 for the purpose of fixing the form, number, date, interest and maturity of the general obligation note; making a covenant for the payment of the debt service on the note; providing for the filing of the required document providing for the appointment of sinking fund depository for the note; and authorizing execution, sale and delivery thereof
Ord. 613
12/3/1985
Increasing the debt of the Borough of Stroudsburg in the amount of $2,710,000 without the assent of the electors for the purpose of providing funds for and toward the construction and acquisition of improvements to the Borough's sewage collection and treatment system
Ord. 658
11/7/1988
Authorizing the making of capital improvements to the sewer system and financing a portion of the costs, together with the refunding of certain notes issued for such purposes, by the issuance of $1,700,000 Borough of Stroudsburg guaranteed sewer revenue bonds
Ord. 667
3/21/1989
Authorizing the financing of the cost of improvements to the sewer system for the Borough of Stroudsburg by the issuance of $1,162,800 Borough of Stroudsburg guaranteed sewer revenue bonds
Ord. 674
7/12/1989
Increasing the debt of the Borough of Stroudsburg in the amount of $2,600,000
Ord. 731
11/2/1994
Increasing the debt of the Borough of Stroudsburg in the amount of $3,262,800
Ord. 758
3/4/1998
Increasing the indebtedness of the Borough by the issue of a general obligation note in the amount of $100,000
Ord. 766
6/17/1998
Increasing the indebtedness of the Borough by the issuance of general obligation bonds in the amount of $2,691,326.75
Ord. 800
8/1/2001
Increasing the indebtedness of the Borough in the amount of $7,065,000, as nonelectoral debt, for the purpose of acquisition and construction of a regional police station, the acquisition and construction of a parking facility for the Borough and the improvement of certain public streets in the Borough, the refunding of the Borough's general obligation bond, Series B of 1994, and the costs of issuance of the bonds
Ord. 846
1/19/2005
Increasing the indebtedness of the Borough in the amount of $6,645,000 as nonelectoral debt for the purpose of refunding some of the Borough's general obligation bonds and paying the costs of the issuance of the bonds
Ord. 866
9/6/2006
Increasing the indebtedness of the Borough in the amount of $87,799 as nonelectoral debt for sundry purposes
Ord. 880
12/19/2007
Increasing the indebtedness of the Borough in the amount of $510,106 for purchase of the existing streetlighting system in the Borough
Ord. 885
2/6/2008
Amending Ord. 880 to provide for a reduction in the rate of interest on the note
Ord. 913
2/3/2010
Authorizing and directing issuance of general obligation bonds, series of 2010 of this Borough in the aggregate principal amount of $5,215,000 pursuant to the Pennsylvania Local Government Unit Debt Act, as amended, for the purpose of refunding this Borough's general obligation bonds, series of 2005
Ord. 932
12/16/2010
Authorizing and directing issuance of general obligation bonds, series of 2011 of this Borough in the aggregate principal amount of $5,255,000 pursuant to the Pennsylvania Local Government Unit Debt Act, as amended
Ord. 933
12/16/2010
Incurring $1,535,000 principal amount of lease rental debt under the Pennsylvania Local Government Unit Debt Act, to be evidenced by the several (not joint) guaranty of 15.35% of the payments due on a $10,000,000 debt obligation of the Brodhead Creek Regional Authority (BCRA), to construct improvements to its sanitary sewage treatment plant, and pay related expenses
Ord. 974
8/7/2013
Authorizing and directing issuance of a general obligation bond, series of 2013 of this Borough in the aggregate principal amount of $590,500 pursuant to the Pennsylvania Local Government Unit Debt Act, as amended
Ord. 977
11/6/2013
Authorizing and directing issuance of a general obligation note, Series A of 2013 of this Borough in the aggregate principal amount of $2,030,000 pursuant to the Pennsylvania Local Government Unit Debt Act, as amended
Ord. 999
2/17/2015
Authorizing and directing issuance of a general obligation note, Series A of 2015, in the aggregate principal amount of $3,265,360 pursuant to the Pennsylvania Local Government Unit Debt Act, as amended
Ord. 1000
2/17/2015
Authorizing and directing issuance of a general obligation note, Series AA of 2015, in the aggregate principal amount of $5,876,000 pursuant to the Pennsylvania Local Government Unit Debt Act, as amended
Ord. 1016
3/1/2016
Authorizing and directing issuance of a general obligation note, series of 2016, in the aggregate principal amount of $490,379.03 pursuant to the Pennsylvania Local Government Unit Debt Act, as amended